In terms of performance, it's really the only language out there that can claim to be as fast as C/C++. It has a minimal runtime, with the option of no runtime. It has pretty great FFI and can produce easily callable libraries for other runtime-heavy languages.
It's not, however, as broadly compatible as C. I don't think that's a problem for most cases, as most programming is now done for (MIPS|ARM|X86|X86_64), and it can handle those well enough. But microcontrollers and OS-less embedded devices still have a ways to go before Rust beats out C.
And stability is just not there. IMO, that's a good thing. Rust is the best thing to happen to systems programming in a really long time, and there are still tons of ideas with amazing potential benefits. The Rust community has been exceptional at guiding this development. I'm sure some day it will level off, but until then, I'm happy with it changing pretty rapidly.